Vonovia (OTCMKTS:VONOY) Hits New 1-Year Low – What’s Next?

Vonovia SE Unsponsored ADR (OTCMKTS:VONOY)’s share price hit a new 52-week low on Monday . The company traded as low as $10.1750 and last traded at $10.30, with a volume of 8424 shares. The stock had previously closed at $10.40.

Analyst Ratings Changes

VONOY has been the topic of several research reports. Deutsche Bank Aktiengesellschaft raised Vonovia from a “hold” rating to a “buy” rating in a research report on Thursday, June 25th. The Goldman Sachs Group lowered Vonovia from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 7th. Finally, Zacks Research upgraded Vonovia from a “strong sell” rating to a “hold” rating in a report on Monday, August 24th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Hold”.

Vonovia Stock Up 0.1%

The firm’s 50 day moving average price is $11.61 and its two-hundred day moving average price is $12.51. The firm has a market capitalization of $17.53 billion, a PE ratio of 3.57 and a beta of 1.22.

Vonovia (OTCMKTS:VONOY) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.24. The firm had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.01 billion. Vonovia had a net margin of 61.85% and a return on equity of 15.40%. On average, sell-side analysts anticipate that Vonovia SE Unsponsored ADR will post 0.97 earnings per share for the current fiscal year.

Vonovia Company Profile

Vonovia SE is a German residential real estate company headquartered in Bochum. The company owns, manages and develops residential properties, with a focus on providing housing and related services to tenants. Its activities include property management, maintenance, modernization, energy services and the development of new residential buildings.

Vonovia’s portfolio is concentrated in Germany, with additional operations in Austria and Sweden. Through its local platforms and service businesses, the company provides tenant support, building maintenance, technical services and measures designed to improve the energy efficiency and quality of its properties.

The company traces its roots to Deutsche Annington, which acquired GAGFAH in 2015 and subsequently adopted the Vonovia name.